Japanese yen climbs to 5-day high against greenback

By IBT Staff Reporter On 04/13/09 AT 9:40 PM

Moving well off recent downtrend, the Japanese yen advanced to a 5-day high of 99.88 against the greenback in early Asian trading on Tuesday. The next upside target for the yen is likely to find near the 99.25 level. The dollar-yen pair that closed Monday's New York trading at 100.11 is currently worth near 100.